I’m somewhere inbetween. I grew up poor and had to scrape most of my life. Finally I got a job that paid well and I went a little wild. I maxed myself out, though, it wasn’t the economy that did it to me. But I had to constrict around the same time everyone else did, late 2008. I know it’s my own fault, though. So I just tightened the belt back up, returned to my old scraping ways, held onto most of what I’d accumulated during the wild times, and... I’m more or less okay. Got a little debt, got a little savings. Got a nice place to live, but no car. I’ll be on a money diet for another year or so, but when it’s over, I do intend not to make that mistake again.
Sounds like you're on the right track, stay the course. Best wishes to you in the New Year.
I went and am still going through something similar.